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20121027
20121104
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technology is here to explain. even when they say it's not it is always about money messa: so first let's take a look at the day's maet headlines. a rough-and-tumble week for stocks ending a on a quiet note. better than expected u.s. third quarter gdp data could knot offset worries about corporate earnings the dow eked out a gain of three points. good year was one of the biggest losers wi shares tumbling more than 10%. the tire-maker missed third quarter estimates driven by weakness in europe. one bright spot was expedia. shar soared 15%. they posted strong third quarter earnings fueled by a sharp rise in hotel bookings. >>> now to our top story. some people are calling it "frankenstorm". others call it a nor'easter-cane combination hurricane, nor'easter snowstorm or nightmare. if you live on the east coast you call it scary. hurricane sandy is making its way up the eastern seaboard. it may hit critical refineries that process 3.1 million barrels of oil per day. you know what that means. gas prices could go right back up. patrick dehaan from gasbuddy.com joins me with more on this one.
that the technology changes the cost of these resources. doesn't just unleash them. but eventually the technology makes our resources competitive with declining resources in the middle east. but your point on jobs is the one i'm most interested in as well. most people think of these jobs as hard-hat jobs. guys in the field drilling and digging. they are. they're high value jobs but they generate jobs in the information technology industry, health care industry, manufacturing industry. in fact ohio has under construction a almost billion dollar steel mill for the first time in junk town, ohio. -- youngstown, ohio. it is being built to provide oil and gas manufacturing pipe for the state of ohio. ohio and dozen other swing states are enjoying a boom because of cheap natural gas. melissa: i do you one better. cheap and abundant natural gas and energy to fuel it and comes full circle. thanks for coming on. i wish we had more time. >> thank you. melissa: sandy on the brink of landfall. hundreds of thousands are already without power. floodwaters are rising. look at that. we have new details on the sto
Search Results 0 to 1 of about 2